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Que Bentfield Industries is deciding whether to automate one phase of its production process. The manufacturing equipment has a s-year life and will cost $900,000. Projected net cash inflows are as follows m (Click the icon to view the projected net cash inflows.) (Click the icon to view the present value table.) (Click the icon to view the present value annuity table.) (Click the icon to view the future value table) (Click the icon to view the future value annuity table.) Read the reauirements Requirement 1. Compute this projecfs NPV using Bentfield Industries 16% hurdle rate. Should Bentfeld industries invest in the equipment? Why or why not? Begin by computing the project's NPV (net present value). (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for negative net present values.) Net present values Requirements Data Table 1. Compute this projects NPV using Bentfeld Industries 16% hurde rate. Should the company invest in the equipment? Why or why not? 2. Bentield industries could refurtbish the equipment at the end of six years for $105,000. The refurbished equipment could be used one more year, providing $77,000 of net cash inflows in Year 7. In addition, the refurbished equipment would have a $55.000 residual value at the end of Year 7. Should Bentfeld Industries invest in the equipment and refurtish afer six years? Why or why not? (Hint in addition to your answer to Requirement 1, discount the additional cash outflow and inflows back to the present value.) Year 1 $264,000 Year 2.. $254,000 Year 3 $223,000 $213.000 Year 4 Year 5 $201,000 $178,000 Year 6 Print Done Print Done

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